🚨🐻 LSK IN FREE FALL: SHORT ON THE RADAR! 📉🔥
📊 LSK/USDT — 4H chart analysis
💰 Current price: US$ 0.19827
📉 KEY POINTS
- 🟡 EMA 7: US$ 0.20717
- 🩷 EMA 25: US$ 0.21785
- 🟣 EMA 99: US$ 0.25529
- 📊 RSI(6): 25.72
The price is below all three moving averages, maintaining a strong downtrend. The RSI is oversold, so be careful: a bounce could happen before further declines. ⚠️
🐻 SHORTING OPPORTUNITY
🎯 Entry to watch: US$ 0.202–0.207, if a bounce occurs and is rejected by sellers.
🔥 3 POSSIBLE TAKE-PROFIT TARGETS:
🥇 TP1: US$ 0.1967
🥈 TP2: US$ 0.1900
🥉 TP3: US$ 0.1850
🛡️ STOP LOSS (SL): above US$ 0.218, as a technical reference.
📌 WHAT WOULD CONFIRM THE SHORT?
✅ Rejection around the EMA 7.
✅ Break below the US$ 0.1967 support.
✅ Continued selling pressure.
⚠️ CAUTION: Since the RSI is already below 30, avoid chasing the drop. Wait for confirmation and adjust your position size to the risk. These targets are possible scenarios, not guarantees.
👇 Do you think LSK will fall further or prepare for a recovery? LONG or SHORT? 🔥
#LSK $LSK
$BTC
📊 LSK/USDT — 4H chart analysis
💰 Current price: US$ 0.19827
📉 KEY POINTS
- 🟡 EMA 7: US$ 0.20717
- 🩷 EMA 25: US$ 0.21785
- 🟣 EMA 99: US$ 0.25529
- 📊 RSI(6): 25.72
The price is below all three moving averages, maintaining a strong downtrend. The RSI is oversold, so be careful: a bounce could happen before further declines. ⚠️
🐻 SHORTING OPPORTUNITY
🎯 Entry to watch: US$ 0.202–0.207, if a bounce occurs and is rejected by sellers.
🔥 3 POSSIBLE TAKE-PROFIT TARGETS:
🥇 TP1: US$ 0.1967
🥈 TP2: US$ 0.1900
🥉 TP3: US$ 0.1850
🛡️ STOP LOSS (SL): above US$ 0.218, as a technical reference.
📌 WHAT WOULD CONFIRM THE SHORT?
✅ Rejection around the EMA 7.
✅ Break below the US$ 0.1967 support.
✅ Continued selling pressure.
⚠️ CAUTION: Since the RSI is already below 30, avoid chasing the drop. Wait for confirmation and adjust your position size to the risk. These targets are possible scenarios, not guarantees.
👇 Do you think LSK will fall further or prepare for a recovery? LONG or SHORT? 🔥
#LSK $LSK
$BTC